Italy on Tuesday threatened to veto the free trade agreement between the EU and Korea unless its demands for amendments are met. The FTA has been provisionally signed but needs unanimous consent from all EU member states.
An informal meeting of EU foreign ministers in Brussels is scheduled this Friday to look at pending foreign policy issues, and a veto from Italy could yet scupper the deal.
Adolfo Urso, the Italian junior minister for trade, told AFP Rome will veto the deal unless changes are made or the date when it comes into force is pushed back a year. "We have asked for changes, especially for the auto sector, but unfortunately our suggestions were not accepted," Urso said.
Korean Trade Minister Kim Jong-hoon plans to fly to Brussels in time for the meeting to persuade each member state to vote for the FTA. "We can't make any additional concessions since the deal has already been reached," a government official said.